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Economics of Power Systems
Fundamentals for Sustainable Energy
Buch von Christoph Weber (u. a.)
Sprache: Englisch

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Beschreibung
In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems.

Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.
In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems.

Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.
Über den Autor

Christoph Weber is a Full Professor of Management Sciences and Energy Economics at the University of Duisburg-Essen, Germany. With a background in Mechanical Engineering and a Ph.D. in Economics, his main research interests are in electricity markets, risk and sustainable energy systems, and the use of operations research methods in connection with energy.

Dominik Möst is a Full Professor of Energy Economics at the Faculty of Business and Economics, Technische Universität Dresden, Germany. He studied Industrial Engineering and Management at the Universität Karlsruhe (TH) and at the ENSGI-INPG Grenoble (Ecole nationale supérieure de Genie Industriel, France), holds a Ph.D. in Economics from the Universität Karlsruhe (TH) and habilitated at the Karlsruhe Institute of Technology (KIT). His research interests are European electricity and gas markets, the integration of renewable energy sources, and energy system modeling, as well as energy and resource efficiency.

Wolf Fichtner is a Full Professor of Energy Economics at the Karlsruhe Institute of Technology (KIT), Germany. He studied Industrial Engineering and Management at the Universität Karlsruhe (TH), holds a doctoral degree in Economics and habilitated at the Universität Karlsruhe (TH). His main research interests are electricity markets, sustainable energy systems, and operations research in energy systems.

Zusammenfassung

Provides an overview of the key economic, technological and environmental drivers for power systems

Introduces readers to major economic models for the study of electricity markets and systems

Discusses policy instruments and design choices for electricity market regulation

Inhaltsverzeichnis
Introduction.- Fundamentals of Energy and Power Systems.- Energy Demand.- Electricity Generation and Operational Planning.- Electricity Transport and Storage.- Regulation: Grids and Environment.- Simple Electricity Market Equilibrium Models.- Markets: Organisation, Trading and Efficiency.- Imperfect Competition and Market Power.- Electricity Markets in Europe.- Valuing Flexibilities in Power Systems as Optionalities.- Moving Towards Sustainable Electricity Systems.
Details
Erscheinungsjahr: 2022
Fachbereich: Einzelne Wirtschaftszweige
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Reihe: Springer Texts in Business and Economics
Inhalt: xxiv
423 S.
104 s/w Illustr.
28 farbige Illustr.
423 p. 132 illus.
28 illus. in color.
ISBN-13: 9783030977696
ISBN-10: 3030977692
Sprache: Englisch
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Weber, Christoph
Fichtner, Wolf
Möst, Dominik
Auflage: 1st ed. 2022
Hersteller: Springer International Publishing
Springer International Publishing AG
Springer Texts in Business and Economics
Maße: 241 x 160 x 30 mm
Von/Mit: Christoph Weber (u. a.)
Erscheinungsdatum: 15.11.2022
Gewicht: 0,834 kg
Artikel-ID: 121168486
Über den Autor

Christoph Weber is a Full Professor of Management Sciences and Energy Economics at the University of Duisburg-Essen, Germany. With a background in Mechanical Engineering and a Ph.D. in Economics, his main research interests are in electricity markets, risk and sustainable energy systems, and the use of operations research methods in connection with energy.

Dominik Möst is a Full Professor of Energy Economics at the Faculty of Business and Economics, Technische Universität Dresden, Germany. He studied Industrial Engineering and Management at the Universität Karlsruhe (TH) and at the ENSGI-INPG Grenoble (Ecole nationale supérieure de Genie Industriel, France), holds a Ph.D. in Economics from the Universität Karlsruhe (TH) and habilitated at the Karlsruhe Institute of Technology (KIT). His research interests are European electricity and gas markets, the integration of renewable energy sources, and energy system modeling, as well as energy and resource efficiency.

Wolf Fichtner is a Full Professor of Energy Economics at the Karlsruhe Institute of Technology (KIT), Germany. He studied Industrial Engineering and Management at the Universität Karlsruhe (TH), holds a doctoral degree in Economics and habilitated at the Universität Karlsruhe (TH). His main research interests are electricity markets, sustainable energy systems, and operations research in energy systems.

Zusammenfassung

Provides an overview of the key economic, technological and environmental drivers for power systems

Introduces readers to major economic models for the study of electricity markets and systems

Discusses policy instruments and design choices for electricity market regulation

Inhaltsverzeichnis
Introduction.- Fundamentals of Energy and Power Systems.- Energy Demand.- Electricity Generation and Operational Planning.- Electricity Transport and Storage.- Regulation: Grids and Environment.- Simple Electricity Market Equilibrium Models.- Markets: Organisation, Trading and Efficiency.- Imperfect Competition and Market Power.- Electricity Markets in Europe.- Valuing Flexibilities in Power Systems as Optionalities.- Moving Towards Sustainable Electricity Systems.
Details
Erscheinungsjahr: 2022
Fachbereich: Einzelne Wirtschaftszweige
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Reihe: Springer Texts in Business and Economics
Inhalt: xxiv
423 S.
104 s/w Illustr.
28 farbige Illustr.
423 p. 132 illus.
28 illus. in color.
ISBN-13: 9783030977696
ISBN-10: 3030977692
Sprache: Englisch
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Weber, Christoph
Fichtner, Wolf
Möst, Dominik
Auflage: 1st ed. 2022
Hersteller: Springer International Publishing
Springer International Publishing AG
Springer Texts in Business and Economics
Maße: 241 x 160 x 30 mm
Von/Mit: Christoph Weber (u. a.)
Erscheinungsdatum: 15.11.2022
Gewicht: 0,834 kg
Artikel-ID: 121168486
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